<p>Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired.</p>.<p>Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said.</p>.<p>The HSR Act, or the Hart-Scott-Rodino Antitrust Improvements Act, requires parties to report large transactions to both the Federal Trade Commission and the U.S. Department of Justice Antitrust Division for review.</p>.<p>The development comes as Musk said last month that the Twitter deal was "temporarily on hold", while he sought more information about the proportion of fake accounts on the platform.</p>.<p>Musk has secured funding for the deal, which includes $33.5 billion through equity financing and $13 billion through loans against Twitter.</p>.<p>Twitter's shares rose about 2% to $40.62 in premarket trading. </p>
<p>Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired.</p>.<p>Completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and the receipt of applicable regulatory approvals, Twitter said.</p>.<p>The HSR Act, or the Hart-Scott-Rodino Antitrust Improvements Act, requires parties to report large transactions to both the Federal Trade Commission and the U.S. Department of Justice Antitrust Division for review.</p>.<p>The development comes as Musk said last month that the Twitter deal was "temporarily on hold", while he sought more information about the proportion of fake accounts on the platform.</p>.<p>Musk has secured funding for the deal, which includes $33.5 billion through equity financing and $13 billion through loans against Twitter.</p>.<p>Twitter's shares rose about 2% to $40.62 in premarket trading. </p>